FORT WORTH, Texas--(BUSINESS WIRE)--Athlon Energy Inc. (“Athlon”) announced today that it has confidentially
submitted a draft registration statement on Form S-1 to the U.S.
Securities and Exchange Commission (the “SEC”) for a possible initial
public offering of shares of its common stock. The number of shares to
be offered and the price range for the offering have not yet been
determined.

Athlon intends to contribute the proceeds from the initial public
offering to its subsidiary, Athlon Holdings LP, which is expected to use
the proceeds to reduce outstanding borrowings under its credit
agreement, to provide additional liquidity for use in its drilling
program and for general corporate purposes, including potential
acquisitions. The initial public offering is expected to commence after
the SEC completes the review process with respect to Athlon’s
registration statement, subject to market conditions and other
conditions.

This announcement is being made pursuant to and in accordance with Rule
135 under the Securities Act of 1933. As required by Rule 135, this
press release is not intended to, and does not, constitute an offer of
any securities for sale.